SAP to restructure 8000 jobs in push towards AI

By
Follow google news

Also forecasts cloud revenue growth.

SAP to restructure 8000 jobs in push towards AI
Shares of SAP SE jumped seven percent to an all-time high after the German software firm forecast growth in cloud revenue and said it will restructure roles for 8000 jobs to focus on growth in artificial intelligence (AI)-driven business areas. The company said it will spend 2 billion euros ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

ATO, AFP, AER and Veterans' Affairs get IT modernisation funds

ATO, AFP, AER and Veterans' Affairs get IT modernisation funds

Federal chief AI officer roles set to go to existing APS staffers

Federal chief AI officer roles set to go to existing APS staffers

Gov backs its own AI adoption with $225m

Gov backs its own AI adoption with $225m

Suncorp turns to multi-agent AI for business transformation

Suncorp turns to multi-agent AI for business transformation

Log In

  |  Forgot your password?